Portfolio Disclosure April 2018

Portfolio Dislosure April 2018

After the last portfolio disclosure in Jan 2018, there were quite a few changes to the portfolio, but only in the ones where the holding was small. There were really no core changes to the portfolio since the last disclosure:

Ticker

%Holding

%Gain

OBEROIRLTY

10.62546011

113.8797772

BAJAJFINSV

4.730678304

397.5568785

BALKRISIND

3.88259142

664.5134899

NESCO

3.161791756

104.3182081

HINDPETRO

2.967844134

19.16479847

PIIND

2.886474972

112.5913834

IDFC

2.849247583

-36.18255307

IDFCBANK

2.825004433

-9.832876109

ECLERX

2.738630833

7.732010409

DCMSHRIRAM

2.50701572

232.9641992

RELIANCE

2.300758461

78.93340345

IBULHSGFIN

2.263550282

198.7374152

BAJAJELEC

2.258306071

151.9853078

INDHOTEL

2.244549514

64.38836803

CANFINHOME

2.114308727

1056.600621

MCDOWELL-N

1.997258267

3.735481891

BHARATFORG

1.957663073

297.5622922

LT

1.91158063

17.48584183

AARTIIND

1.882093914

235.9019224

AKZOINDIA

1.823801542

51.84341855

MUTHOOTFIN

1.818411293

-5.313506663

IRB

1.71591064

67.8419657

OCCL

1.63109147

788.5515663

AJANTPHARM

1.586038659

157.8488374

SPARC

1.576868608

154.6983655

TATAINVEST

1.575462528

38.77017767

GRINDWELL

1.575281193

289.8586545

SHILPAMED

1.557782875

150.0245445

NMDC

1.556485759

-7.583080722

HMVL

1.54043307

6.75067626

HINDZINC

1.504019433

61.28020634

The last portfolio update was at a time when the market was at an all time high. The portfolio has shrunk then, both as a result of market correction, as well as significant pruning of the portfolio. Among stocks that did well, I would include Bajaj Finserv and Bajaj Electricals. The IDFC twins and HPCL did poorly.